Sun Life Financial Inc (N:SLF)
Business Focus: Life & Health Insurance
| Sector: Financials | Industry: Life & Health Insurance |
| Company Contact | |
| Address: | Sun Life Assurance Co Of Canada One York Street TORONTO ON M5J 0B6 |
| Tel: | N/A |
| Website: | https://www.sunlife.ca |
| IR: | See website |
| Key People | ||
| Kevin David Strain President, Director | Linda M. Dougherty Executive Vice President - Corporate Strategy and Global Marketing | Dean Arthur Connor Chief Executive Officer, Director |
| Daniel R. Fishbein President - Sun Life U.S | Jacques Goulet President - Sun Life Canada | Leo Grepin President - Sun Life Asia |
| Stephen Clarkson Peacher President - SLC Management | Helena J. Pagano Chief Human Resource and Communications Officer, Executive Vice President | Laura A. Money Executive Vice President, Chief Information Officer | Colm Joseph Freyne Executive Vice President, Chief Risk Officer |
| Business Overview |
| Sun Life Financial Inc. is the holding company of Sun Life Assurance Company of Canada. The Company is an international financial services organization providing insurance, wealth and asset management solutions to individual and corporate clients. It has its operations in various markets including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. It operates through five business segments: Canada, United States (U.S.), Asset Management, Asia, and Corporate. The Canada business segment is a provider of protection, health, and wealth solutions, providing products and services. The U.S. segment is the benefits providers in the U.S. market. Asset Management business segment is comprised of MFS and SLC Management. Asia segment consists of two business units: Insurance and Wealth and International. |
| Financial Overview |
| For the fiscal year ended 31 December 2020, Sun LifeFinancial Inc revenues increased 12% to C$36.48B. Netincome applicable to common stockholders excludingextraordinary items decreased 8% to C$2.41B. Revenuesreflect SLF Asia segment increase of 36% to C$7.87B, SLFCanada segment increase of 6% to C$21.63B, Asia segmentincrease of 36% to C$7.87B, Canada segment increase of 6%to C$21.63B. Net income was offset by Salaries, bonus. |
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